Merchandise Manager

Job Responsibilities: Primary responsibilities:

Collection:

· Analyse range architecture /PPA (Price Point Analysis)/competition.

· To build collection in collaboration with sourcing/collection dept to as per market trend and requirement.

· Decide the launch period of the new concepts/range as per the seasonality.

· Visit sourcing partners & own units for new sample developments along with sourcing/collection team.

· Coordinate with costing team for cost settlement of new articles.

· Pricing the articles based on concepts, competition pricing & budgeted margin.

· To keep track of margins on monthly & seasonal basis for each category.

Seasonal Sales Estimate Planning

· Category sales estimate planning in Pairs, Turnover,ASP & Margin.

· Range width building with assortment panning each season

· Monthly Sales stk procurement Plan for the Key projects/Categories .

· Weekly/Monthly discussions with GM’S/RM’s/DM’S to discuss sales.

OTB -Order Placements along with stock planner: Based on Monthly OTB and Availabilty/FWC objective

· To launch new articles and lace monthly repeats

· To place Orders to sourcing/Unit as per the SOP along with resupply team.

· Ensure own units are loaded on monthly basis.

Promotions: to promote the collections, & develop the required POP’s in alliance with marketing team.

· Key project to be highlighted for driving marketing initiatives.

· Promotions to be planned out as per the festive calendar

· Tp plan articles for clearance during EOSS campaign

Sales Monitoring

· Constant review of art wise/region wise category performance.

· Bi -Annual review of Product classification/grading. (NOOS/BS/DC )

· Weekly review of the category performance at Pairs/TO/margin level/FWC/Availability

· Launching new articles at the right price/right time

· Constantly reviewing the performance of new articles across cats/regions.

Stock Management in collaboration
• Ensure constant availability of NOOS at cat level.
• Reduce, the stock of slow sellers with cross functional category promotions and price reductions.

· Constantly push for clearance for discontinued lines through regrouping with resupply team

· Continue follow-up of the articles performance, increasing procurement of NOOS/BS

· To ensure timely deliveries with collaborative working with the sourcing team

Market Research

· Keeping track of the emerging trends and prices in the market.

· Prepare seasonal trend board, story board and paper collections.

· Keeping in touch with the General managers/Regional Managers/ District managers

· Regular market visit to understand competitors products and feedback from market & customers